Provinces asked to raise Rs400bn more to meet IMF goals

ISLAMABAD: The federal government asked the provinces on Monday to increase their revenue contribution by at least Rs400 billion, nearly 40 per cent of their existing share, in the coming fiscal year through more effective collection strategies in agriculture, property and services to remain in the good books of the International Monetary Fund (IMF). At a consultative meeting with provincial finance ministers, Finance Minister Muh­a­mmad Aurangzeb conveyed the IMF’s deep satisfaction over the...

By [email protected] (Khaleeq Kiani)